JACKSONVILLE, Fla., Jan. 10, 2019 /PRNewswire/ -- LocatorX, a tech company developing accurate, inexpensive and flexible tracking technology based on a nanomaterials patent from the University of Oxford, announced the appointment of Michael Fauscette to its board of directors.
"We are very pleased to have Michael in this advisory role and will leverage his expertise to establish the right culture, people, and operations as LocatorX grows," said Scott Fletcher, President and CEO. "Michael is a senior software executive and thought leader on emerging trends in business software, digital transformation, and customer experience. His insights will be invaluable as we bring LocatorX to market."
Fauscette is the Chief Research Officer of G2 Crowd. Previously, he led IDC's worldwide enterprise software research group for almost ten years. He has held executive roles with Autodesk Inc. and PeopleSoft Inc. as well as three VC-backed startups.
"One of the hottest tech topics of the last few years is the promise of the Internet of Things (IoT) to solve a range of high value business problems ranging from industrial and supply chain cost reduction and efficiency improvement, to enhanced customer experiences. It's exciting that LocatorX has the potential to track and report on almost anything thanks to its nano-atomic clock – a very inexpensive, secure way to track and make almost anything interactive. It's sort of like an interactive Post-it note for everything," Fauscette said.
LocatorX, headquartered in Jacksonville, Fla., offers companies a Certified DataMatrix for logistics, supply chain management, and consumer packaged goods that provides a unique time/data/location of any tag scanned with a smartphone. The company is also developing the world's first and only molecular-sized location tracking device. The device is based on the solid-state patented Miniature Atomic Clock (MAC) technology created by a nanomaterials lab at the University of Oxford, to which LocatorX has exclusive rights. Once developed, the company will provide exclusive patent rights to licensing partners in different industries for an accurate, inexpensive, and flexible technology that can track anything anywhere cell phone service is available. For more information, visit www.locatorx.com.
For questions regarding this press release, to interview Michael Fauscette, or for more information about LocatorX, please contact Chris White at [email protected] and (904) 903-4445.